Cash

In bookkeeping and finance, cash refers to current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately (as in the case of money market accounts). Cash is seen either as a reserve for payments, in case of a structural or incidental negative cash flow or as a way to avoid a downturn on financial markets.

Etymology

The word is variously attributed. Some claim that the word "cash" comes from the modern French word caisse, which means (money) box, from the Provençal word caissa, from the Italiancassa, from the Latin capsa all meaning box. In the 18th century, the word passed to refer to the money instead of the actual box containing it. Another claim is that it was derived from Tamil word kāsu (Tamil:காசு) meaning a coin, by East India Company.

"Cash" used as a verb means "to convert to cash"; for example in the expression "to cash a cheque".

History

In Western Europe, after the Collapse of the Western Roman Empire, coins, silver jewelry and hacksilver (silver objects hacked into pieces) were for centuries the only form of money, until Venetian merchants started using silver bars for large transactions in the early Middle Ages. In a separate development, Venetian merchants started using paper bills, instructing their banker to make payments. Similar marked silver bars were in use in lands where the Venetian merchants had established representative offices. The Byzantine empire and several states in the Balkan area and Kievan Rus also used marked silver bars for large payments. As the world economy developed and silver supplies increased, in particular after the colonization of South America, coins became larger and a standard coin for international payment developed from the 15th century: the Spanish and Spanish colonial coin of 8 reales. Its counterpart in gold was the Venetian ducat.

Skr.karsha 'a weight of silver or gold equal to 1⁄400 of a tulā' (Williams); Singhalesekāsi coin. The early Portuguese writers represented the native word by cas, casse, caxa, the Fr. by cas, the Eng. by cass: the existing Pg.caixa and Eng. cash are due to a natural confusion with CASH n.1. From an early date the Portuguese applied caixa (probably on the same analogy) to the small money of other foreign nations, such as that of the Malay Islands, and especially the Chinese, which was also naturally made into cash in English. (Yule)" The English word "cash," meaning "tangible currency," is an older word from Middle Frenchcaisse.

Chinese cash

Cash as a currency unit name in China, not to be confused with the type of copper coin also known as cash, refers to a unit used for centuries for copper coinage and banknote equivalents known as wén (文) in Chinese. Being the earliest country to implement paper based currency, at 1023 the 交子 paper money currency occur to adapt the economical climate change of globalization brought by fair trade via silk road, although metal coin were still in circulation. After the introduction of a unified currency system in 1889, the cash continued to be used as a subunit of the yuan with 1000 cash equal to one yuan. Coins continued to be denominated in cash until the 1920s nationally and for a time thereafter regionally.

Cash

In bookkeeping and finance, cash refers to current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately (as in the case of money market accounts). Cash is seen either as a reserve for payments, in case of a structural or incidental negative cash flow or as a way to avoid a downturn on financial markets.

Etymology

The word is variously attributed. Some claim that the word "cash" comes from the modern French word caisse, which means (money) box, from the Provençal word caissa, from the Italiancassa, from the Latin capsa all meaning box. In the 18th century, the word passed to refer to the money instead of the actual box containing it. Another claim is that it was derived from Tamil word kāsu (Tamil:காசு) meaning a coin, by East India Company.

"Cash" used as a verb means "to convert to cash"; for example in the expression "to cash a cheque".

History

In Western Europe, after the Collapse of the Western Roman Empire, coins, silver jewelry and hacksilver (silver objects hacked into pieces) were for centuries the only form of money, until Venetian merchants started using silver bars for large transactions in the early Middle Ages. In a separate development, Venetian merchants started using paper bills, instructing their banker to make payments. Similar marked silver bars were in use in lands where the Venetian merchants had established representative offices. The Byzantine empire and several states in the Balkan area and Kievan Rus also used marked silver bars for large payments. As the world economy developed and silver supplies increased, in particular after the colonization of South America, coins became larger and a standard coin for international payment developed from the 15th century: the Spanish and Spanish colonial coin of 8 reales. Its counterpart in gold was the Venetian ducat.

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0 Comments JohnnyCash... This arrived in Johnny Cash's life at just 12 years of age in May 1944 ... https.//www.independent.ie/entertainment/books/johnny-cash-how-the-man-in-black-found-world-full-of-light-37726179.html ... This arrived in Johnny Cash's life at just 12 years of age in May 1944 ... Other snaps capture Cash in a myriad of poses and personas....

This arrived in JohnnyCash's life at just 12 years of age in May 1944... This arrived in Johnny Cash's life at just 12 years of age in May 1944 ... The family bereavement instilled in Johnny Cash a deep commitment to Christianity, right up until his own death in 2003 at the age of 71 ... Other snaps capture Cash in a myriad of poses and personas....

Legal cannabis is a $10 billion industry doing every single transaction in cash... This leaves cannabis business owners with no choice other than to deal in mostly cash, which creates public safety issues ... remove cash from the equation ... "Right now, 12 and 15 percent of a brand's costs are just around shuttling and moving around cash," said Smith....

Legal cannabis is a $10 billion industry doing every single transaction in cash... This leaves cannabis business owners with no choice other than to deal in mostly cash, which creates public safety issues ... remove cash from the equation ... "Right now, 12 and 15 percent of a brand's costs are just around shuttling and moving around cash," said Smith....

The deal is aimed at consolidating the entire portfolio of RHTHealth, comprising two hospitals, 12 clinics and four new clinics into Fortis... As a result of the disposal, RHT will ceased to have any operating business and its assets consist wholly or substantially of cash, and hence RHT is now deemed to be a cash trust....

Claimed the financial news network was "ignoring the will of the people." ... SPONSORED. After the poll was over, Trump did not even make the list. “Mr ... According to a Wall Street Journal report, Cohen instead handed Gauger “a blue Walmart bag containing between $12,000 and $13,000 in cash and, randomly, a boxing glove.” ... — Donald J ... ....

CLARION, Pa. (EYT) – A Clarion man was arrested on Thursday after he allegedly hit a teenager in his face during a domestic altercation. According to court documents, the Clarion BoroughPolice Department filed criminal charges against 39-year-old Eric J... and 3.30 p.m ... He was released at 12.36 p.m. on Friday, January 18, after posting a cash bond....